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Property profile & analytics
OFF-MARKET
Estimated value
$12,930,000
Specialty properties
7211 Preston Rd Plano, TX 75024-4700
Entity Owned
Free & Clear
Property ID
US83-1026329
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
2016
Total area
207,793 SF
Lot
12.48 ac (543,716 SF)
Zoning code
CE
APN
R-2828-00A-0030-1
UPID
US83-1026329
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
David Harris Ewalt, MD Pediatrician
-
Kadesky Kevin M MD Pediatrician Medical Clinic
-
Dr. John L. Lanoue, MD Pediatrician Medical Clinic
-
Jay S. Roden, MD, FACS Pediatrician Medical Clinic
-
Thomas Lynn Spain Jr., MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.93M
Owner & transaction history
CHILDRENS MEDICAL CENTER FOUNDATION
CHILDRENS MEDICAL CENTER FOUNDATION
Zoning & alternative use
CE · Plano, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The CE district is intended to provide the flexibility for an integrated development that may include retail, office, commercial and light manufacturing.
Zone name
Commercial Employment
General category
INDUSTRIAL
Zone area
2,699.54 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$18.1M
+41.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Plano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plano submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$12,765,000
Current use
COMMERCIAL (GENERAL)
$18,115,000
Change: +42% · Conversion: Difficult
Blend value · Realmo final
$12.93M
Range $11.64M – $14.22M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$62 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Assessed value
$86,154,695
Assessed 2023
Previous assessed
$77,978,857
+10.5% YoY
Assessed land
$6,524,591
Assessed improvement
$79,630,104
Land market value
$6,524,591
Improvement market value
$79,630,104
Total market value
$86,154,695
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
2016
Heating
NONE
Stories
4
Total area
207,793 SF
Lot
12.48 ac (543,716 SF)
Zoning code
CE
APN
R-2828-00A-0030-1
UPID
US83-1026329
Jurisdiction
COLLIN
Metro division
DALLAS-PLANO-IRVING, TX METROPOLITAN DIVISION
Zoning & alternative use
CE · Plano, TXZoning CE · permitted uses
CE · Plano, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The CE district is intended to provide the flexibility for an integrated development that may include retail, office, commercial and light manufacturing.
Zone name
Commercial Employment
General category
INDUSTRIAL
Zone area
2,699.54 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$12.8M
COMMERCIAL (GENERAL)
Est. value
$18.1M
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
4
Lot
12.48 ac
Current owner
From public records · entity-resolved
CHILDRENS MEDICAL CENTER FOUNDATION
Individual
Free & Clear · 0 yrs held
Mailing address
1935 MEDICAL DISTRICT DR, DALLAS, TX 75235-7701
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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